Analysis
May 14, 2024
AISI: Raw steel production rises for second consecutive week
Written by Brett Linton
Domestic raw steel production last week ticked up for a second consecutive week to a three-week high, according to the latest data released by the American Iron and Steel Institute (AISI).
Total US steel mill output is estimated to have been 1,715,000 short tons (st) in the week ending May 11, up 6,000 st or 0.4% from the week prior. Raw production this week is 0.2% higher than the year-to-date weekly average of 1,712,000 st. Last week’s production is down 2.2% compared to the same week one year ago when production totaled 1,754,000 st.
